Sunrun to Expand Assets Using Recently Secured Loan of $835 Million
U.S.-based residential solar company Sunrun closed $835 million in non-recourse financings to expand its assets that will help the company maintain the growth trajectory across various segments in its business, ...
Residential Solar Firm Sunrun’s Q3 Revenue Jumps 44% YoY on Higher Customer Acquisition
U.S.-based company Sunrun posted total revenue of $631.9 million in the third quarter (Q3) of 2022, up 44% year-over-year (YoY), on the back of growth in customer additions and improved ...
Increased Demand for Residential Solar Systems Boost Sunnova’s Q3 Revenue by 116%
U.S.-based residential solar company Sunnova posted a year-over-year (YoY) surge of 116% in revenue at $149.3 million for the third quarter (Q3) of 2022 compared to $68.9 million in Q3 ...
Sunnova Records 59% YoY Increase in Revenue With $65.7 Million in Q1 2022
U.S.-based residential solar company Sunnova reported revenue of $65.7 million in the first quarter of 2022, a year-over-year (YoY) increase of 59% compared to $41.3 million in the same period ...
Daily News Wrap-Up: juwi to Build Solar Battery Hybrid Project at Egypt’s Largest Gold Mine
Here are some noteworthy cleantech announcements of the day from around the world: South Africa-based subsidiary of German renewable energy company juwi has signed an agreement with Sukari Gold Mines ...
United States Added a Record 33.8 GW of Renewables in 2020 Despite COVID-19: BNEF
BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE) have, in their report 'Sustainable Energy in America Factbook', said that renewable generation continued to expand its share in the ...
Residential Welfare Association Takes Auction Route to Select Rooftop Solar Installer
Solar developer and EPC (Engineering, Procurement, and Construction) service provider, U-Solar, emerged as the winner in the auction held by the Westend Heights Condominium Apartment Owners' Welfare Association (WHCAOWA) in ...
Residential Solar Financing Company Loanpal Receives $800 Million in Funding
Loanpal, a solar loan origination platform that finances solar systems and batteries, has secured over $800 million in funding in its first external investment round. The investment round was led ...
US-Based Solar Software Developer Aurora Raises $50 Million
Aurora Solar, a U.S.-based solar software company, announced that it raised $50 million in Series B funding led by ICONIQ Capital. With this funding, the company has received over $70 ...
Want to Install a Rooftop Solar System on Your Home? Here’s What You Should Know
Solar energy is the most flexible form of renewable energy and has become affordable enough for most households. As solar costs keep dropping, the process of installing solar, what to ...
Blackstone to Invest $300 Million in Residential Solar Loans Through Loanpal
Loanpal, a U.S.-based financial technology company, announced that Blackstone would invest nearly $300 million (~₹22.44 billion) in residential solar loans on the Loanpal platform. According to the press release, Blackstone, ...
In the Largest Rooftop Solar Acquisition, Sunrun to Acquire Vivint Solar for $3.2 Billion
In the largest rooftop solar acquisition to date, Sunrun has entered into an agreement to acquire Vivint Solar in an all-stock transaction for $3.2 billion. Vivint Solar serves as a ...
Haryana DISCOM Calls for Empanelment of Agencies for Residential Rooftop Solar Systems
Uttar Haryana Bijli Vitran Nigam Limited (UHBVN), a Haryana power distribution company, has issued an expression of interest (EoI) to empanel agencies to install grid-connected rooftop solar systems between 1kW-500 ...
Luminous India Interview: Residential Solar With Back-up Power Will See the Fastest Growth
The rapid growth in India’s solar sector is creating new avenues for companies to grow. In particular, the integration of solar with power back-up technology at the residential level is ...